Advance Petrochemicals Ltd

Advance Petrochemicals Ltd: Trading window closed from Thursday, 01 October 2026 till the end of 48 hours after the declaration of unaudited financial results for the quarter ended 30 September 2026

Clarification on price movement

• Company discloses full compliance under Regulation 30 of SEBI LODR.
• Price movement described as market-driven and not connected to management.
• Reiterates commitment to Listing Regulations and applicable laws.
• Dated 22 August 2026; signed by MD Pulkit Goenka.
• No material information is withheld.

Resigning directors

• Akshat Arunbhai Shukla — Non-Executive Independent Director; resignation effective 11 August 2026.
• Arvind Vishwanath Goenka — Non-Executive Director; resignation effective 11 August 2026.
• Goenka resigned due to mutual exit with the company and other projects.

Board and committee changes

• Casual vacancy created on the Board due to resignations.
• Priyank Parikh appointed as Additional Non-Executive Independent Director from 11 Aug 2026.
• Audit Committee reconstituted: Priyank Parikh (Chairman); Harshil Vadodariya (Member); Aanchal Arvind Goenka (Member).
• Stakeholders Relationship Committee reconstituted: Aanchal Arvind Goenka (Chairman); Priyank Parikh (Member); Harshil Vadodariya (Member).
• Nomination & Remuneration Committee reconstituted: Priyank Parikh (Chairman); Harshil Vadodariya (Member); Aanchal Arvind Goenka (Member).

Other disclosures

• No other listed-directorships or committee memberships disclosed for resigning directors.
• Parikh's appointment is subject to shareholder approval at the forthcoming AGM.

Financial results and governance approvals

• Standalone unaudited financial results for quarter ended 30 June 2026; Limited Review Report enclosed.
• Approved Notice convening the Annual General Meeting.
• Approved Draft Directors' Report for FY 2025-26.
• Re-appointed Tibrewal Bhagat & Associates as Internal Auditor for FY 2026-27.
• Appointed Patawari & Associates as Scrutinizer for remote e-voting and AGM.
• Audit Committee reviewed results; statutory auditors issued an unqualified limited-review opinion.

Directors and governance changes

• Appointed Priyank Parikh as Additional Non-Executive Independent Director for 5 years from 11 Aug 2026, subject to AGM.
• Resignation of Akshat Arunbhai Shukla as Non-Executive Independent Director effective 11 August 2026.
• Resignation of Arvind Vishwanath Goenka as Non-Executive Director effective 11 August 2026.
• Audit Committee reconstituted: Parikh (Chairman) and Aanchal Goenka joined; Harshil Vadodariya as Member.
• Stakeholders Relationship Committee reconstituted: Aanchal Goenka (Chairman); Parikh and Vadodariya as Members.
• Nomination & Remuneration Committee reconstituted: Parikh (Chairman); Harshil Vadodariya; Aanchal Goenka as Members.

Other governance actions and disclosures

• Noted the resignations of Shukla and Goenka with immediate effect.
• Regulatory disclosures under SEBI LODR Regulation 30 reflected in accompanying Annexures.

Meeting Details

• Date: 11 August 2026; Time: 3:00 PM; Venue: Registered Office, Ahmedabad.

Key Agenda Items

• Approve and take on record the unaudited standalone financial results for the quarter ended June 30, 2026.
• Note the draft Secretarial Audit Report for the year ended March 31, 2026.
• Review of the quarter ended June 30, 2026 and related reporting.
• Appoint M/s Patwari & Associates as Scrutinizer for E-voting at AGM 2026-27.
• Re-appoint Tibrewal Bhagat & Associates, Chartered Accountants, as Internal Auditor.
• Discuss matters related to the Annual General Meeting.

Other Notes

Processing and listing status

• Securities dematerialisation requests up to 30 June 2026 were confirmed (accepted/rejected) to the depositories.
• Dematerialised securities have been listed on the stock exchange where the existing issues are listed.
• Physical dematerialisation certificates were mutilated/cancelled; the depository's name substituted as registered owner within the prescribed timeline.

FY26 standalone results

• 📊 Revenue from operations rose to Rs 574.20 lakh in Q4 FY26 from Rs 126.53 lakh a year earlier.
• 📊 Total income increased to Rs 576.53 lakh in Q4 FY26 from Rs 129.01 lakh.
• 📊 FY26 revenue from operations was Rs 4,503.39 lakh versus Rs 4,503.39 lakh in FY25.
• 📊 FY26 total income was Rs 4,508.58 lakh versus Rs 4,508.58 lakh in FY25.
• 📊 Profit before tax was Rs 18.93 lakh in FY26 versus Rs 47.51 lakh in FY25.
• 📊 Profit after tax was Rs 12.53 lakh in FY26 versus Rs 30.22 lakh in FY25.
• 📊 Q4 FY26 PAT was Rs 7.34 lakh versus a loss of Rs 0.45 lakh last year.
• 📊 Basic and diluted EPS were Rs 0.14 for FY26 and Rs 0.08 for Q4 FY26.
• 📊 Other expenses fell to Rs 71.05 lakh in FY26 from Rs 220.22 lakh in FY25.
• 📊 Finance costs increased to Rs 102.25 lakh in FY26 from Rs 85.24 lakh in FY25.

Balance sheet and cash flow

• 📊 Total assets rose to Rs 3,164.13 lakh at 31 March 2026 from Rs 2,530.50 lakh.
• 📊 Inventories increased to Rs 933.50 lakh from Rs 586.41 lakh.
• 📊 Trade receivables increased to Rs 1,154.69 lakh from Rs 967.23 lakh.
• 📊 Borrowings rose to Rs 1,414.75 lakh from Rs 1,084.70 lakh.
• 📊 Cash and cash equivalents increased to Rs 74.25 lakh from Rs 69.47 lakh.
• 📊 Operating cash flow was Rs 299.13 lakh in FY26 versus Rs 210.51 lakh in FY25.
• 🧱 Capex on fixed assets was Rs 199.87 lakh in FY26 versus Rs 250.05 lakh in FY25.

Audit and board outcome

• 📍 Board approved audited standalone financial results for quarter and year ended 31 March 2026.
• 📍 Statutory auditors issued an unmodified opinion on the standalone financial results.
• 📍 The company reported a single reportable business segment.

Business model

• 🗒️ Advance Petrochemicals operates in a single reportable business segment.
• 🗒️ The filing covers standalone audited quarterly and annual financial results.